41 Lomas Drive, Birmingham, B31 5LR is a leasehold flat built between 1967-1975. The property offers approximately 646 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £136,968 , which equates to approximately £212 per square foot. It was last sold on 25 Feb 2022 for £128,000. Since then, the value has increased by £8,968, representing a 7.0% increase, or approximately 1.8% per year.

The current estimated value of £136,968 is:

  • 9.4% lower than the average property price on Lomas Drive
  • 3.8% lower than the average in the B31 5LR postcode area
  • and 53.0% lower than the average price for Birmingham as a whole

View sold house prices in B31 5LR

Building approximate location

About Property

Type
Terraced Maisonette
Built
1967-1975
Interior Size
646 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£136,968
Price Per sq ft (estimate)
£212
Bedroom Count (estimate)
2 bedrooms

EPC Summary

41 Lomas Drive, Birmingham, West Midlands, B31 5LR has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 30 Jul 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Apr 2010, and the property received the same rating of E with an unchanged energy efficiency score of 49.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 50 mm loft insulation
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B31 5LR

31 st / 45
Price Rank
4% lower than average
15 th / 36
Size Rank
3% bigger than average
22 nd / 36
Price Per Sq FT Rank
7% lower than average

Compared to other properties in B31 5LR , this maisonette's estimated value ranks 31th out of 45. Based on price per square foot, it ranks 22th out of 36 properties. In terms of size, this home ranks 15th out of 36 properties in its postcode area.

Sale History

Today
£136,968
streetscan.co.uk estimate
+7 %
25 Feb 2022
£128,000
Leasehold
+28 %
5 Jan 2007
£100,000
Leasehold
+122.2 %
1 Aug 2001
£45,000
Leasehold

Area Insights

Similar Properties Sold Nearby

53 Lomas Drive, Birmingham, B31 5LR
rooms: 3
size: 624 sq ft
sale price: £91,000
sale date: 19 Dec 2024
19 Lomas Drive, Birmingham, B31 5LR
rooms: 4
size: 732 sq ft
sale price: £111,300
sale date: 6 Oct 2023
22 Lomas Drive, Birmingham, B31 5LR
rooms: 3
size: 646 sq ft
sale price: £80,000
sale date: 26 Jun 2023
16 Lomas Drive, Birmingham, B31 5LR
rooms: 3
size: 635 sq ft
sale price: £105,000
sale date: 3 Apr 2023
59 Lomas Drive, Birmingham, B31 5LR
rooms: 3
size: 635 sq ft
sale price: £130,000
sale date: 10 Mar 2023

Data Sources

The property at 41 Lomas Drive, Birmingham, B31 5LR appears three times in the Land Registry records, with the latest transaction recorded on 25 Feb 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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